Westports shares rally in Malaysia market debut
Shares in leading Malaysian ports operator Westports Holdings surged eight percent on their debut Friday, after raising more than $700 million in the country's largest initial public offering (IPO) this year.
18 October 2013 16:43
Twitter to list on NYSE
Twitter shares will trade on the New York Stock Exchange, documents showed Tuesday, shunning the tech-heavy Nasdaq which saw major problems in Facebook's market debut in 2012.
Rio Tinto pink diamonds fetch record prices
The annual sale of Rio Tinto's rare pink-hued diamonds attracted unprecedented interest with at least two of the stones fetching record prices of over $2 million.
14 October 2013 17:52
Kazakhstan leads in uranium production
Kazakhstan produced 21,317 tons of uranium in 2012. It is Number One in the world by uranium production and Number Two by uranium deposits.
14 October 2013 14:58
Britain to ease China visa restrictions
Britain is to make it easier for Chinese nationals to obtain visas in an effort to boost business between the two countries.
14 October 2013 10:27
Brazil antitrust body opens Google probe
Brazil's antitrust authority said Friday it has opened a probe into allegations that Google engaged in anti-competitive practices in the domestic online search market.
13 October 2013 11:28
TENGRI LIFE
TENGRI TRAVEL
Dubai property bounces but stirs fears of new bubble
Dubai's property sector is making a strong comeback five years after prices in the emirate nosedived, but a surge in demand and bouncing prices have triggered calls to remember the crisis.
Myanmar unrest raises stakes for growing tourist industry
Recent anti-Muslim bloodshed close to Myanmar's most popular tourist beach raises the stakes for an industry dependent on the former pariah state's fluid transition to democracy.
07 October 2013 10:50
Shutdown forces EU, US to cancel trade deal talks
The second round of scheduled talks between top European Union and American officials to clinch the world's largest trade deal have been cancelled because of the US government shutdown.
05 October 2013 15:00
Japan's Aso warns of 'consequences' of US debt default
Japanese Finance Minister Taro Aso on Friday urged the United States to resolve political gridlock in Washington, warning of grim "consequences" for the global economy if it leads to a debt default.
05 October 2013 10:43
US default could be 'catastrophic': Treasury
The US Treasury warned Thursday of a disastrous outcome if Congress's refusal to raise the country's borrowing ceiling forces it to default on obligations.
04 October 2013 14:03
Unemployment remains dark spot in Spanish economy
Spain's government sees light at the end of the tunnel with the end to a two-year recession but analysts warn joblessness will continue to weigh down the eurozone's fourth-largest economy.